Notable Analyst Rating Changes 10/01: AA, CHU, BIG, BHI, OMX, FRPT Upgraded; SKS, RVSN, KBH, NVDA, PMCS, A Downgraded

October 1, 2009 11:14 AM EDT

UPGRADES:
Detusche Bank upgrades Alcoa (NYSE: AA) from Hold to Buy. Click here for the full report.

Credit Suisse upgrades China Unicom (NYSE: CHU) to Outperform.

JP Morgan upgrades Big Lots (NYSE: BIG) from Neutral to Overweight. Price target $30.

Sanford Bernstein raised its investment rating on Baker Hughes (NYSE: BHI) from Market Perform to Outperform.

FTN Capital upgrades OfficeMax (NYSE: OMX) from Neutral to Buy. Price target $18.

Collins Stewart upgrades Force Protection (Nasdaq: FRPT) to Buy. Price target $7. Click here to see some more color on the upgrade.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES:
JPMorgan downgrades Saks (NYSE: SKS) from Overweight to Neutral, maintaining its $7 price target.

RadVision (Nasdaq: RVSN) downgraded at Morgan Keegan, RBC, Cantor Fitzgerald and Oscar Gruss.

Credit Suisse downgrades KB Home (NYSE: KBH) from Outperform to Neutral.

JPMorgan downgrades NVIDIA Corp. (Nasdaq: NVDA) from Neutral to Underweight. The firm maintained an $11.50 price target.

Goldman Sachs downgrades PMC-Sierra, Inc. (Nasdaq: PMCS) from Buy to Neutral.

Thomas Weisel downgrades Agilent Technologies (NYSE: A) from Overweight to Marketweight.

For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades

NEW COVERAGE:
Opperheimer starts Chesapeake (NYSE: CHK) at Outperform and Range Resources (NYSE: RRC) at Market Perform.

Soleil Securities initiated coverage on the major casino operators last night: Las Vegas Sands (NYSE: LVS) with a Buy rating and $20 price target, MGM MIRAGE (NYSE: MGM) with a Hold rating and $13 price target and Wynn Resorts (Nasdaq: WYNN) with a Hold rating and $80 price target.

Sandler O'Neill initiates coverage on AFLAC (NYSE: AFL) with a Hold rating. Price target $46.

Rodman & Renshaw initiating coverage on Star Bulk Carriers Corp. (NASDAQ: SBLK) with a Market Outperform. Price target $5.50.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


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Special Reports

Stocks Mentioned

A 28.92

+0.00 +0.00%
Volume: 2,900
Track A

AA 12.52

+0.00 +0.00%
Volume: 24,413,723
Track AA

AFL 46.03

+0.00 +0.00%
Volume: 6,036,140
Track AFL

BHI 40.74

+0.00 +0.00%
Volume: 5,485,544
Track BHI

BIG 23.06

+0.00 +0.00%
Volume: 2,896,417
Track BIG

CHK 23.92

+0.00 +0.00%
Volume: 16,722,029
Track CHK

CHU 13.45

+0.00 +0.00%
Volume: 1,821,073
Track CHU

FRPT 5.16

+0.00 +0.00%
Volume: 715,539
Track FRPT

KBH 13.55

+0.00 +0.00%
Volume: 2,447,803
Track KBH

LVS 15.32

+0.00 +0.00%
Volume: 35,002,871
Track LVS

MGM 10.57

+0.00 +0.00%
Volume: 1,967
Track MGM

NVDA 13.06

+0.00 +0.00%
Volume: 12,746,087
Track NVDA

OMX 10.58

+0.00 +0.00%
Volume: 1,630,030
Track OMX

PMCS 7.93

+0.00 +0.00%
Volume: 1,619,841
Track PMCS

RRC 47.13

+0.00 +0.00%
Volume: 3,065,736
Track RRC

RVSN 6.18

+0.00 +0.00%
Volume: 26,517
Track RVSN

SBLK 3.23

+0.00 +0.00%
Volume: 351,950
Track SBLK

SKS 6.11

+0.00 +0.00%
Volume: 8,019,752
Track SKS

WYNN 64.54

+0.00 +0.00%
Volume: 2,506,950
Track WYNN


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